Chase Ultimate Rewards has just launched its latest transfer bonus. While a 65% bonus sounds great, this isn’t an offer I’d get excited about, personally. Still, let’s cover the details, as everyone has different redemption patterns.
Chase offering 65% bonus on Marriott Bonvoy transfers
For the next several weeks, you can receive a bonus when you transfer Chase Ultimate Rewards points to Marriott Bonvoy:
- Between May 1 and May 15, 2026, receive a 65% bonus
- Between May 16 and June 30, 2026, receive a 55% bonus
This promotion is being offered on Chase’s end (in the United States), and is hard coded into the transfer ratio, meaning you should see the bonus at the time that you make the transfer. Points ordinarily transfer at a 1,000:1,000 ratio, so with a 65% bonus, points transfer at a 1,000:1,650 ratio. You can take advantage of this offer an unlimited number of times. Transfers from Chase to Marriott Bonvoy are generally instant.
It seems that we see a bonus like this at least a few times per year. When we do see a bonus, it’s generally in the range of 40-70%, so the 65% bonus is toward the top end of that range.
Is this Chase to Marriott transfer bonus worth it?
Generally I only recommend moving points from Chase Ultimate Rewards to Marriott Bonvoy with a specific use in mind.
For what it’s worth, I value Bonvoy points at ~0.7 cents each, while I value Chase Ultimate Rewards points at ~1.7 cents each. So unless you’re getting well over two Bonvoy points per Ultimate Rewards point, you’re probably not really maximizing your points.
With a 65% bonus, you’re getting ~1.16 cents of value per Ultimate Rewards point, at least by my valuation. That’s not great, and certainly not how I’d prefer to redeem my points. Then again, that’s intended to be a conservative valuation, and it’s easy to get way more value out of points than that.
Personally, I value World of Hyatt points at more than twice as much as Bonvoy points, yet Chase Ultimate Rewards points ordinarily transfer to both currencies at a 1:1 ratio.
There are situations where you could get value with this transfer bonus, in terms of the hotel stay being worth more than the value of the points transferred. However, there are probably more efficient ways to acquire those points:
Keep in mind that nowadays Marriott Bonvoy has dynamic award pricing, so there’s no maximum for the number of points hotels can charge for award stays. Nonetheless, there are still good uses of Bonvoy points.
Bottom line
At the moment, you can receive a bonus when you transfer Chase Ultimate Rewards points to Marriott Bonvoy. A 65% bonus is available between May 1 and May 15, and then a 55% bonus is available between May 16 and June 30, 2026.
I generally wouldn’t take advantage of this, at least without a specific redemption in mind. Marriott Bonvoy isn’t an efficient Chase Ultimate Rewards transfer partner, and I’d argue that applies even with a 65% bonus. I’d give this offer a “pass,” unless you have a specific redemption you’re considering, and the math checks out.
What’s your take on this Chase transfer bonus to Marriott?
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